Led by $5.9bn acquisition of Dialog Semiconductor, Europe’s technology industry saw a rise of 5.04% in internet of things deal activity during Q1 2021, when compared to the last four-quarter average, according to GlobalData’s deals database.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

  • Embed this chart

    Embed this chart into your website

    Copy and paste the image source into your website to display the chart.

 

A total of 73 internet of things deals worth $8.13bn were announced for the region during Q1 2021, against the last four-quarter average of 69.50 deals.

Of all the deal types, venture financing saw most activity in Q1 2021 with 42 deals, representing a 57.5% share for the region.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

In second place was M&A with 23 deals, followed by private equity deals with eight transactions, respectively capturing a 31.5% and 11% share of the overall internet of things deal activity for the quarter.

In terms of value of internet of things deals, M&A was the leading category in Europe’s technology industry with $7.51bn, while venture financing and private equity deals totalled $613.84m and $12.02m, respectively.

Europe technology industry internet of things deals in Q1 2021: Top deals

The top five technology internet of things deals accounted for a 98.4% share of the overall value during Q1 2021.

The combined value of the top five internet of things deals stood at $8bn, against the overall value of $8.13bn recorded for the quarter.

The top five technology industry internet of things deals of Q1 2021 tracked by GlobalData were:

1) Renesas Electronics’ $5.9bn acquisition of Dialog Semiconductor

2) The $1.6bn acquisition of 7.6% stake in Yandex by Janus Henderson Group

3) Hughes Network Systems and SoftBank Group’s $400m venture financing of OneWeb

4) The $80m venture financing deal with Konux by ATHOS Service, New Enterprise Associates and Sanno Capital

5) 360 Capital Partners and Fondo Italiano Tecnologia e Crescita’s venture financing with Inxpect for $20.62m.